Gaps

Where can i find more informations on how to play them correct?

Regards John

 

They don't really exist anymore so don't waste your time.

Trust me on this one.

 

What doesn't exist? All I play is gaps, so I am curious about what you are talking about.

As for the original poster - I cannot give you a resource to study. I was successful from looking at chart after chart after chart, and developing my own method. That is where I suggest you start. Good luck.

 

I guess I'll never stop being surprised at the comments here on ET.

I trade the ES market. Quite often that market gaps on the opening bar. I have made my living trading those gaps.

What I suggest you do is pick a market and see where and how it gaps. A spreadsheet study using Excel would be the place to start. Record the time and the size of the gap and how it moves during the next time period(s). After a few months of this, you will start to see patterns that you may be able to trade profitably.

I don't know of any texts that will help you.

Good luck,
Lefty

 

LOL

Congratulations on your success trading Pit / NYSE Open And Close timeframe reference points.

Gaps as they once existed no longer exist because of Globex and other after hours markets (stocks).

It's a simple fact that electronic trading is almost 24 hrs worldwide, no need to get your panties in a knot about symantics.

 

Gaps in stocks exist as they have for the 10 years I have traded them. Frankly, I don't think you know what you are talking about.

 

Frankly I don't care what you think and Frankly I rarely trade stocks they are too slow and less profitable in my opinion and experience.

 

lol. I am glad to know there are people like you out there. Otherwise, I might not make as much money as I do.

 

Ha !

You keep thinking like that

 

In the electronic market, profitable gaps exist because of the significant volume changes from the overnight to the open of the US market.

Samson, I could really give a shit whether you agree. I concern myself with my P&L. It seems to indicate that tradeable gaps occur several times a week.

To the original poster, tradeable gaps occur in just about every commodity. Look at grains, meats, metals, and many others.

Gaps can be a source of income IF you do your research.

Good luck to you.
Lefty